American Tower's Preferred Stock, Series B Shares Cross 5.5% Yield Mark
December 08, 2015 at 14:16 PM EST
In trading on Tuesday, shares of American Tower Corp's 5.50% Mandatory Convertible Preferred Stock, Series B (AMT. RB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $5.50), with shares changing hands as low as $99.10 on the day.